TD Bank has named Joe L. Griffeth, Jr. as Managing Director, Originations in Asset Based Lending. Based in Charlotte, N.C., he is responsible for providing TD Bank's asset-based financing solutions, including revolving credit facilities and term...
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June 02, 2016, 08:03 AM
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Wells Fargo & Company announced that it has signed an agreement to purchase GE Capital’s Commercial Distribution Finance and Vendor Finance platforms as well as a portion of its Corporate Finance business. The acquisition includes total assets of...
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October 14, 2015, 07:58 AM
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GE Capital, Corporate Finance is serving as administrative agent on a $49.5 million senior secured credit facility for Flavor Producers, Inc. Flavor Producers, a creator of custom-formulated flavors for food and beverage companies globally, will use...
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July 16, 2015, 07:39 AM
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GE Capital, Corporate Finance announced it is serving as administrative and collateral agent on $1.335 billion in senior credit facilities for auction house Sotheby’s. The new facilities include a $485 million credit line increase that will be used...
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June 18, 2015, 07:52 AM
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GE Capital, Corporate Finance announced it has provided a $17 million credit facility to ROC Services Company, an oil and gas well-site services supplier. The funds will be used to refinance existing equipment and to support the acquisition of the...
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June 11, 2015, 08:02 AM
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CIT Group announced the appointment of Eric Miller as Managing Director and Group Head of CIT Capital Equipment Finance. He will report directly to Burt Feinberg, President and Group Head of CIT Corporate Finance, Commercial & Industrial. “Eric is an...
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March 25, 2015, 07:38 AM
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GE Capital, Corporate Finance announced it is serving as administrative agent on a $600 million revolving credit facility for Axiall Corporation. The new, larger facility will be used for general working capital and to support the company’s ongoing...
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January 09, 2015, 07:45 AM
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Evraz Plc, an integrated steel, mining and vanadium business, said its North American subsidiary, EVRAZ North America, has closed the renewal and amendment of its asset-based revolving credit. The new facility is $515 million and has the same...
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December 29, 2014, 08:11 AM
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GE Capital announced it is providing a $45 million credit facility to YouFit, LLC., a chain of fitness clubs. The facility will be used to support the company’s future growth plans and for general working capital needs.YouFit is headquartered in...
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December 19, 2014, 07:41 AM
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Alpha Natural Resources, Inc., a leading U.S. coal supplier, announced it has amended and extended its senior secured credit facility and established a new accounts receivable securitization facility, further enhancing the company's long-term...
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September 26, 2014, 08:01 AM
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Rentech Nitrogen Partners, L.P. has entered into a $50 million revolving credit facility with GE Capital, Corporate Finance. The partnership plans to use the credit facility to fund growth projects. The facility will also be available, if needed, for...
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July 25, 2014, 07:26 AM
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GE Capital announced it has provided Accolade Wines, the world’s fifth largest wine producer, with a $300 million cross-border credit facility. The financing will enable the continued global growth of the business.GE Capital facilitated financing...
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June 10, 2014, 07:43 AM
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GE Capital, Corporate Finance announced it is the administrative agent and sole lender on a $60 million senior credit facility for Consolidated Systems Incorporated (CSi). CSi produces metal products for use in the commercial construction industry...
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June 04, 2014, 07:34 AM
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GE Capital, Corporate Finance is serving as administrative agent on a $75 million senior secured credit facility for JAKKS Pacific, Inc., a leading designer and marketer of toys and consumer products. The financing will be used for working capital...
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March 31, 2014, 07:33 AM
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GE Capital, Corporate Finance announced it is serving as administrative and collateral agent on $600 million in senior credit facilities for auction house Sotheby’s. The financing will be used for working capital and general corporate purposes. GE...
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February 19, 2014, 07:46 AM
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GE Capital, Corporate Finance announced it is serving as agent and sole lender on a $70 million senior credit facility for Shop-Vac Corporation, a leading manufacturer of wet/dry vacuums. The credit facility will be used for working capital and...
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January 28, 2014, 07:35 AM
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GE Capital, Corporate Finance announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials, LLC (PBM), a newly formed affiliate of WL Ross & Co. LLC (WL Ross). The credit facilities...
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January 09, 2014, 07:13 AM
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GE Capital, Corporate Finance today announced it is serving as administrative agent on $340 million in revolving credit facilities for subsidiaries of Wise Metals Group, LLC. The facilities will be used to fund the company’s growth and ongoing...
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January 06, 2014, 08:08 AM
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GE Capital, Corporate Finance today announced that it provided a $50 million senior credit facility to Stoli Group USA, the North American producer and distributor of Stolichnaya® vodka. The financing will be used for working capital and general...
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January 06, 2014, 07:51 AM
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KPS Capital Partners announced the formation of a new company, Heritage Home Group, LLC, that has acquired substantially all of the assets of Furniture Brands International, Inc., a world leader in designing, manufacturing, sourcing and retailing...
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November 26, 2013, 08:04 AM
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GE Capital, Corporate Finance today announced it provided $22.5 million in equipment financing to Laborde Marine. The funds refinance existing debt used to purchase five new crew boats.
Founded in 1995 and headquartered in New Orleans, LA, Laborde...
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November 04, 2013, 07:49 AM
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Salvatore "Sal" Carino has been appointed the to serve as vice president of lending for GE Capital, Corporate Finance. He will be based out of Alpharetta, GA will specialize in providing asset-based and cash flow financing solutions for mid-size...
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October 07, 2013, 07:51 AM
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GE Capital, Corporate Finance today announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman, Inc., a leading cheese manufacturer and distributor. The loan refinances existing debt and will...
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September 30, 2013, 08:04 AM
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GE Capital, Corporate Finance announced it is co-collateral agent on a $300 million asset-based credit facility for Romeoville, IL-based KeHE Distributors, LLC. The loan will be used to support ongoing working capital needs. KeHE Distributors is a...
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August 21, 2013, 08:06 AM
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GE Capital, Corporate Finance announced it provided a $76.8 million asset-based credit facility to Pacific Coast Feather Company, a leading manufacturer and distributor of high quality basic bedding products. The loan was used to refinance existing...
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July 22, 2013, 08:32 AM
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Standard Motor Products, an automotive replacement parts manufacturer and distributor, amended its revolving credit facility with GE Capital, Corporate Finance, acting as agent for a syndicate of lenders. The amended credit facility provides for...
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May 17, 2013, 07:49 AM
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GE Capital, Corporate Finance is serving as administrative agent on a $250 million senior secured credit facility for Neenah Enterprises, a leading iron castings manufacturer. The loan is being used to refinance existing debt and to support ongoing...
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May 13, 2013, 07:46 AM
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Federal Signal Corporation successfully completed the refinancing of its existing senior secured credit facilities with new senior secured credit facilities, consisting of a five-year, $150 million revolving credit facility and a five-year, $75...
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March 14, 2013, 07:44 AM
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KPS Capital Partners announced today that its portfolio company, Waupaca Foundry, completed a successful recapitalization. The proceeds of the recapitalization, funded by a $200 million upsizing of the Company's term loan, were used to fund a $200...
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February 08, 2013, 08:09 AM
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GE Capital, Corporate Finance announced it is serving as administrative agent on a $500 million asset-based credit facility for Axiall Corporation, created by the merger of Georgia Gulf and the commodity chemicals business of PPG Industries, Inc. GE...
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February 04, 2013, 08:05 AM
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GE Capital, Corporate Finance announced the addition of Colin Guheen as a senior vice president on its food and beverage industry team, where he will underwrite and manage commercial finance for mid-sized companies across the U.S.
Guheen comes to GE...
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February 01, 2013, 07:48 AM
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GE Capital, Corporate Finance announced it is serving as administrative agent on a $300 million asset-based credit facility for Sotheby’s, one of the world’s leading auctioneers. GE Capital Markets served as joint lead arranger for the transaction....
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December 20, 2012, 08:31 AM
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GE Capital, Corporate Finance announced it is administrative agent on a $105 million cash flow credit facility to Columbus Manufacturing, a producer of premium-branded specialty Italian cured meats. The financing is being used to support the...
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October 31, 2012, 09:00 AM
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GE Capital, Corporate Finance announced it is administrative agent on a $75 million asset-based credit facility for Acme Lift Company,a wholesale rental company for aerial work platform equipment. The loan will be used to refinance existing debt and...
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September 06, 2012, 08:00 AM
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